There are details that must be reviewed to answer your question. You need to contact the attorney who represented you in your divorce to determine if title to the real estate was properly transferred and any mortgage lien was paid off.
There are details that must be reviewed to answer your question. You need to contact the attorney who represented you in your divorce to determine if title to the real estate was properly transferred and any mortgage lien was paid off.
There are details that must be reviewed to answer your question. You need to contact the attorney who represented you in your divorce to determine if title to the real estate was properly transferred and any mortgage lien was paid off.
There are details that must be reviewed to answer your question. You need to contact the attorney who represented you in your divorce to determine if title to the real estate was properly transferred and any mortgage lien was paid off.
There are details that must be reviewed to answer your question. You need to contact the attorney who represented you in your divorce to determine if title to the real estate was properly transferred and any mortgage lien was paid off.
The short answer to this question is YES.
I have closed a business and gone through a divorce leaving me with an unpaid lease of $5,000 and unpaid lease on the business location. Can these be included a bankruptcy?
Filing for bankruptcy after a divorce when there are a lot of joint obligations can complicate things but it is not uncommon. When a person files for bankruptcy they can only file for their debt obligations and so the court may not allow you to do it for a joint mortgage if that would be unfair to your exspouse or they cannot separate the debts. This is something to think about and I would recommend you contact an attorney to determine what debts can be discharged and what debts cannot.
No.
Probably not, since the divorce has been finalized. Although some states have bankruptcy laws that do include joint debts in this type of situation. W/O knowing the state of residency more specific information is not possible. You could consult the state bankruptcy laws for information that might pertain to this issue. I am not aware of any State that lets a person file bankruptcy with an ex-spouse since it is the Bankruptcy Code that determines who may file bankruptcy, not the individual States. The Bankruptcy Code states in 11 U.S.C. § 302(a) "Joint Cases" that "A joint case under a chapter of this title is commenced by the filing with the bankruptcy court of a single petition under such chapter by an individual that may be a debtor under such chapter and such individual's spouse... ." Therefore, people who are not spouses (i.e. divorced) cannot file a joint bankruptcy in any State regardless of the joint nature of the debts. Persons who are in the middle of divorce (so that the divorce is not final) may file bankruptcy together so long as the bankruptcy filing date occurs prior to the divorce being final. If the divorce becomes final during the pendency of the case, this is okay so long as the bankruptcy was filed before the divorce was final. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
Of course, it is immensely important to include IRS in a bankruptcy. If you don't some bad naughty things could happen.
no
Some companies that offer information on bankruptcy include Dow Jones and Jacob Meyers Bankruptcy. You can also find information on bankruptcy on the bankruptcy Wikipedia page.
You have to list everything in you bankruptcy. You may reaffirm what ever you chose to.
No. Obligations to the government cannot be discharged through bankruptcy action.
They can include it, but the creditor/landholder can file a relief of stay to have the debt excluded from being discharged in the bankruptcy. The decision of what debts are to be discharged are determined by state and/or federal law and the bankruptcy judge.
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.